For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, AMKOR Technology Inc.’s stock clocked out at $28.96, up 1.61% from its previous closing price of $28.50. In other words, the price has increased by $1.61 from its previous closing price. On the day, 0.74 million shares were traded. AMKR stock price reached its highest trading level at $29.24 during the session, while it also had its lowest trading level at $28.43.
Ratios:
To gain a deeper understanding of AMKR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.69. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 2.31. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on April 09, 2024, initiated with a Buy rating and assigned the stock a target price of $40.
On February 29, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $32.Goldman initiated its Neutral rating on February 29, 2024, with a $32 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 16 ’24 when Rutten Guillaume Marie Jean sold 25,000 shares for $31.17 per share. The transaction valued at 779,250 led to the insider holds 114,476 shares of the business.
Rutten Guillaume Marie Jean sold 25,000 shares of AMKR for $780,750 on Mar 15 ’24. The President and CEO now owns 124,476 shares after completing the transaction at $31.23 per share. On Mar 15 ’24, another insider, Faust Megan, who serves as the CFO of the company, sold 2,800 shares for $31.09 each. As a result, the insider received 87,052 and left with 53,023 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMKR now has a Market Capitalization of 7128648704 and an Enterprise Value of 6958536704. As of this moment, AMKOR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.89, and their Forward P/E ratio for the next fiscal year is 12.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 1.07 whereas that against EBITDA is 6.321.
Stock Price History:
The Beta on a monthly basis for AMKR is 1.98, which has changed by 0.31457102 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, AMKR has reached a high of $37.00, while it has fallen to a 52-week low of $17.58. The 50-Day Moving Average of the stock is -8.42%, while the 200-Day Moving Average is calculated to be 2.29%.
Shares Statistics:
It appears that AMKR traded 940.87K shares on average per day over the past three months and 1107290 shares per day over the past ten days. A total of 245.89M shares are outstanding, with a floating share count of 110.92M. Insiders hold about 54.94% of the company’s shares, while institutions hold 43.33% stake in the company. Shares short for AMKR as of 1711584000 were 3106842 with a Short Ratio of 3.30, compared to 1709164800 on 3096135. Therefore, it implies a Short% of Shares Outstanding of 3106842 and a Short% of Float of 4.7.
Dividends & Splits
With its trailing 12-month dividend rate of 0.304, AMKR has a forward annual dividend rate of 0.31.
